Teabag
Hi AllMy name is Daniel, I'm 43 years old, live in Switzerland and I'm since about 20 years married to an indonesian women. As our kids turn 20 and 16 this year, we start to dream of our 'second life'... guess where.... Right, Bali will be the target in approx. 10 to 12 years.Thanks to the Admins to confirm my account and many thanks to all the posters here, I read nearly the entire forum and I guess, I'm already well informed about all the Visa and Health Insurance stuff.I'm looking forward to have a couple of diskussions here.CheersDanielbtw: saya sesudah belajar bahasa indonesia. Di rumah saya, kami campuran berbicara bahasa indonesia, bahasa german dan bahasa ingeris. Selamat pagi.
Markit
Well hell teabag I'll put some Bintangs in the cooler and throw a couple of barbies on the stake you come right on over .... in 10 or 12 years.
gilbert de jong
welcome Daniel...you already have a big advantage speaking the language, that should make a lot of things easier...in 10 or 12 years.
Teabag
yep, I know, still a loooong way to go and most of the information here will then be obsolete because of change of law and situation in generall... but, about this I will take care in ... 10 or 12 years....Markit: Don't forget my Bintangs....
Markit
Not only the information will be obsolete, hell [U]I'll[/U] be fucking obsolete by then, probably am now... :O(
Mark
Teabag, (and god it's killing me not to add -ger, I'm sorry), it might be worth dipping your bag into the property market if you seriously intend to relocate to Bali in the future. As you know the swiss franc is very strong now versus every other currency (won't last for ever though) and property in Bali is only increasing in value.
Teabag
Mark, you're right, but as our relatives are not living in Bali it will be difficult with the taking care of property or house. As you know, all what is not nailed down in Indo, will be gone.... or another just build a house on my land. Furthermore, 12 years are toooo long to plan in this detail , to many uncertainties along the way, may we get sick or whatever. So I guess I'll have to bite the apple and pay higher prices in the future.Cheers
alex margou
Mark, you're right, but as our relatives are not living in Bali it will be difficult with the taking care of property or house. As you know, all what is not nailed down in Indo, will be gone.... or another just build a house on my land. Furthermore, 12 years are toooo long to plan in this detail , to many uncertainties along the way, may we get sick or whatever. So I guess I'll have to bite the apple and pay higher prices in the future.Cheers[/QUOTE]Maybe a house would be difficult to take care of if you are thousands of miles away, but what about just buying some empty land now in your Indonesian wife's name? Then in 10-12 years time you could come here and build on it, or, sell it and then buy your dream plot somewhere else and build on it. In the meantime your empty land will have gone up in price in Rupiah, more than any other investment you might otherwise have made. Where I live in Bali land has gone up 4x in price in rupiah over the last 11 years, mostly in the last 4 years.Furthermore, you won't then have to worry about transferring cash from Switzerland to Indonesia then. Your money will already be here. Yes, of course, you will have to transfer the cash now, but then you can forget about it.To "look after" your empty land just get some local farmer and tell him use it grow what ever he likes, for free. He'll keep it in good order for you.Anyway, it's just an idea for thinking about.Hope this helps!
Teabag
Hi AlexThanks for the advice, we already thought about that. There is only the small 'passport' problem. As my wife and I life already 20 years in Switzerland, she lost her KTP and is considered now as a foreigner.And to fake around with her KTP is too risky; we don't want to lose all finally because of a faked KTP. Another issue is her last status in Indo is 'single' means no registered marriage, no pre-nup and so on.cheers
Mark
Fair enough Daniel. You could always lease land legally even if your wife is no longer an Indonesian citizen. In any case, if you really want to start a second life in Bali you should think about climbing aboard the 'property ladder' sooner rather than later. My own experience: I first came to Bali in 2002, loved it and like many people started looking at properties. At the time, they seemed a bit expensive and out of my reach (though looking back I could have probably made it happen if I really wanted to). Every subsequent trip the prices just kept rising, putting the dream further out of reach. Properties I looked at in 2003 were going for 10x the price in 2012 (or in some cases more)! Most of us don't have such a rapid rise in our incomes over a decade, so the dream seemed to be slipping away. Finally, last year the wife and I decided to buy after having spent a lot of time looking at various properties over the past couple of years. We found a nice property and got a reasonable deal, at the time not a screaming bargain but definitely not a ripoff. Now, according the locals in our banjar as well as our property agent, the land is worth 70% more than we paid (and if true it would be more than I would be willing and able to pay today, get the drift?). My point is that if you are serious about relocating you should put a stake in the ground and try to tie up your dream property, by lease or otherwise, as soon as you are able.
Teabag
Mark, thanks for sharing your experience. We will think (and count) about.RegardsDaniel
ferdie
If your wife is still Indonesian citizen, a passport alone can be used for any land purchase and save a lot of head acheCan't she knock the Indonesian embassy and ask for a passport and register the wedding in the embassy?I agree with the others, if you want to relocate to Bali in the future, you can start investing on the land first, because the increase in land prices here is unreal
